Causal Chain Research on Acquisition of Relationship Financing for Small and Middle-sized Enterprises Based on Credit Culture

摘要

There are many factors that can impact the acquisition of relational financing. And the enterprise credit culture (ECC) is one of the important factors. This article studies the causal chain between acquisition of relational financing and ECC (F&C Causal Chain). Based on the introductions, analysis and compares of the F&C Causal Chain in Japan, U.S. and Zhejiang Province, conclusions are made that ECC for small and middle-sized enterprises (SMEs) have great impact on the relationship financing to some extent and there are corresponding relation between levels of ECC and factors of relationship financing. On the conclusions proposals are put forward to optimize the F&C Causal Chain in China.